The recent 2018 UK Payment Markets report shows that in 2017, 13.2 billion debit card payments were made compared to 13.1 overall billion cash payments. The publishings show that more people spend their money with card payments instead of having cash in hand.
The retail industry has been very fickle in its success and decline during 2017 and 2018. Multiple retail chains appear to be in trouble, recently Marks & Spencer announced they will be closing 100 stores, shortly after Toys R Us have gone into administration.
As part of a company overhaul, 4,600 jobs at Rolls-Royce are to be axed over the next two years in order to save £400 million a year by 2020.
Barclays, one of the largest banks in the UK and in over 40 countries, has released a new campaign to encourage children to know more about charity donations. The famous bank has launched a new guide to understanding philanthropy, which aims to encourage families to have more discussions about charitable raising and giving.
Scotland National Trust has announced a new investment of £60m for protecting built and natural heritage, which would be the biggest investment it’s ever made to protect the environment.
The British Retail Consortium (BRC) has reported sales in the retail industry have risen by a total of 4.7% in May 2018, when compared to the same month last year. This is promising news as for the past few months reports have suggested high street retail is slowly declining, due to more interest in their competition of online shopping.
Organisers British Marine have announced that The London Boat Show will not go ahead in 2019 due to lack of support from the marine industry. The show was scheduled to run at ExCel between the 9th – 13th of January, though the decision has been made that the show will now be postponed to allow for the development of new ideas.
The first charity shop was opened in Oxford in the year 1948 and has positively transformed high streets across the UK. It’s common to spot charity shops in every high street in England, but according to research published by the Charity Retail Association, 50% of the general public feel there should be less. But how could people feel negative about charity shops raising money for people in need?
Have you recently opened your own retail coffee shop? Or are you just browsing the market for insurance policies that your store would benefit from? At Alan and Thomas, we have a variety of different insurance policies that suit particular industries and retail stores. We recommend three main insurance policies for coffee shops that include legal liability, property damage, and equipment breakdown insurance.
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The Indian government have introduced a new ‘Adopt a Heritage’ scheme that allows companies to lease out historic monuments around the country. India currently has 3,700 historic monuments, that also include 31 Unesco world heritage sites. If large private corporations have the option to rent out these pieces of history, will this change the monuments’ elite status?
The GDPR deadline is approaching and it's going to have some serious effects on how retail businesses handle their customers’ data. Despite being less than a month away, the majority still aren’t ready for the new legislation, with 57% of 101 retailers revealing in a recent survey that they were not fully prepared.
GoFundMe one of the most popular crowdfunding platforms in the UK has announced they will be expanding their platform to allow crowdfunding for non-profit organisations.
NfpSynergy has recently conducted a study on behalf of ‘Remember a Charity’ that shows 27% of people who regularly donate money to charity, are more willing to leave a large donation included in their will.